Man Arrested For Suspected Involvement In Loansharking Activities

A 23-year-old man has been arrested for suspected involvement in loansharking activities, said the police on Wednesday (Jun 3).

Police said they received a report of loanshark harassment on Block 8 Jalan Kukoh, where the area was found to be splashed with paint and vandalised with loanshark-related graffiti.

Preliminary investigations revealed the suspect was allegedly involved in splashing paint at debtors’ houses and scrawling graffiti at various locations in Singapore. Police seized two mobile phones and a red marker pen, believed to have been used in committing the offences.

The suspect will be charged in court on Thursday. First-time offenders found guilty of loanshark harassment face up to five years in jail, a fine of between S$5,000 and S$50,000, and between three and six strokes of the cane.

 

Source: www.channelnewsasia.com

 

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